Investors apparently complained about securities broker Derek Michael Johnson [CRD: 2922680, Brea, California], based on publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Derek Johnson worked for J.P. Morgan Securities LLC from January 20, 2012, to June 11, 2020, and has been registered with Morgan Stanley since June 5, 2020. Investors should continue reviewing the information below to learn more about the disclosures involving Johnson.
Morgan Stanley Investor Accused Johnson Of Unsuitable Recommendations
Specifically, on June 30, 2025, a Morgan Stanley client filed FINRA Arbitration No. 25-01340 concerning Derek Johnson. Primarily, the client alleged that Johnson made unsuitable recommendations. Because of this, the client allegedly incurred damages related to stocks. Consequently, the client requested $750,000 in compensation from Morgan Stanley or Johnson. It appears that this arbitration is pending a resolution.
Derek Johnson Disclosed Unsuitable Advice Allegations By J.P. Morgan Securities LLC Client
Notably, a client of J.P. Morgan Securities LLC contested Johnson’s sales practices by filing FINRA Arbitration No. 21-03006. Allegedly, Johnson made unsuitable recommendations. It appears that Johnson allegedly caused the client to incur damages. Therefore, J.P. Morgan Securities LLC opted to settle the matter on October 27, 2023, by paying the client $750,000.
Did You Invest With Financial Advisor / Securities Broker Johnson?
Did you suffer any investment-related losses because of Derek Johnson? If so, reach out to Soreide Law Group at (888) 760-6552 or online and talk to a securities attorney about a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee basis and advances all costs. Johnson and brokerage firms Johnson worked for deny accusations of sales practice violations.
